Past

We analyse the effect of a natural change to the time variable on the convergence of the Crank-Nicholson scheme when applied to the solution of the heat equation with Dirac delta function initial conditions. In the original variables, the scheme is known to diverge as the time step is reduced with the ratio (lambda) of the time step to space step held constant - the value of lambda controls how fast the divergence occurs. After introducing the square root of time variable we prove that the numerical scheme for the transformed PDE now always converges and that lambda controls the order of convergence, quadratic convergence being achieved for lambda below a critical value. Numerical results indicate that the time change used with an appropriate value of lambda also results in quadratic convergence for the calculation of gamma for a European call option without the need for Rannacher start-up steps. Finally, some results and analysis are presented for the effect of the time change on the calculation of the option value and greeks for the American put calculated by the penalty method with Crank-Nicholson time-stepping.

In the first part of the talk I will introduce a notion of convexity ($\mathcal{X}$-convexity) which applies to any given family of vector fields: the main model which we have in mind is the case of vector fields satisfying the H\"ormander condition.

Then I will give a PDE-characterization for $\mathcal{X}$-convex functions using a viscosity inequality for the intrinsic Hessian and I will derive bounds for the intrinsic gradient and intrinsic local Lipschitz-continuity for this class of functions.\\

In the second part of the talk I will introduce a notion of subdifferential for any given family of vector fields (namely $\mathcal{X}$-subdifferential) and show that a non empty $\mathcal{X}$-subdifferential at any point characterizes the class of $\mathcal{X}$-convex functions.

As application I will prove a Jensen-type inequality for $\mathcal{X}$-convex functions in the case of Carnot-type vector fields. {\em (Joint work with Martino Bardi)}.

More perspectives on spectra.

We present recent results of Dani Wise which tie together many of the themes of this term's jGGT meetings: hyperbolic and relatively hyperbolic groups, (in particular limit groups), graphs of spaces, 3-manifolds and right-angled Artin groups.
Following this, we make an attempt at explaining some of the methods, beginning with special non-positively curved cube complexes.

It is known that the minimum number of generators d(G^n) of the n-th direct power G^n of a non-trivial finite group G tends to infinity with n. This prompts the question: in which ways can the sequence {d(G^n)} tend to infinity? This question was first asked by Wiegold who almost completely answered it for finitely generated groups during the 70's. The question can then be generalised to any algebraic structure and this is still an open problem currently being researched. I will talk about some of the results obtained so far and will try to explain some of the methods used to obtain them, both for groups and for the more general algebraic structure setting.

Fractional differential equations are becoming increasingly used as a modelling tool for processes associated with anomalous diffusion or spatial heterogeneity. However, the presence of a fractional differential operator causes memory (time fractional) or nonlocality (space fractional) issues that impose a number of computational constraints. In this talk we discuss efficient, scalable techniques for solving fractional-in-space reaction diffusion equations combining the finite element method with robust techniques for computing the fractional power of a matrix times a vector. We shall demonstrate the methods on a number examples which show the qualitative difference in solution profiles between standard and fractional diffusion models.

In the talk I plan to overview several constructions for finite dimensional represenations of DAHA: construction via quantization of Hilbert scheme of points in the plane (after Gordon, Stafford), construction via quantum Hamiltonian reduction (after Gan, Ginzburg), monodromic construction (after Calaque, Enriquez, Etingof). I will discuss the relations of the constructions to the conjectures from the first lecture.

We shall discuss how the algebra norm can be used to identify structure in groups. No prior familiarity with the area will be assumed.

NB: EXTRA SEMINAR THIS WEEK

Executives compensated with stock options generally receive grants periodically and so on

any given date, may have a portfolio of options of differing strikes and maturities on their

company’s stock. Non-transferability and trading restrictions in the company stock result in the executive facing unhedgeable risk. We employ exponential utility indifference pricing to analyse the optimal exercise thresholds for each option, option values and cost of the options to shareholders. Portfolio interaction effects mean that each of these differ, depending on the composition of the remainder of the portfolio. In particular, the cost to shareholders of an option portfolio is lowered relative to its cost computed on a per-option basis. The model can explain a number of empirical observations - which options are attractive to exercise first, how exercise changes following a new grant, and early exercise.

Joint work with Jia Sun and Elizabeth Whalley (WBS).

I shall start with an idea (somewhat heuristic) that I call `Thermal Holography' and use that to probe the thermal behaviour of quantum horizons, i.e., without using any classical geometry, but using ordinary statistical mechanics with Gaussian fluctuations. This approach leads to a criterion for thermal stability for thermally active horizons with an Isolated horizon as an equilibrium configuration, whose (microcanonical) entropy has been computed using Loop Quantum Gravity (I shall outline this computation). As fiducial checks, we briefly look at some very well-known classical black hole metrics for their thermal stability and recover known results. Finally, I shall speculate about a possible link between our stability criterion and the Chandrasekhar upper bound for the mass of stable neutron stars.

This talk will begin by recalling classical facts about the relationship between values of the Riemann zeta function at negative integers and the arithmetic of cyclotomic extensions of the rational numbers. We will then consider a generalisation of this theory due to Iwasawa, and along the way we shall define the p-adic Riemann zeta function. Time permitting, I will also say something about what zeta values at positive integers have to do with the fundamental group of the projective line minus three points

The concordance group of classical knots C was introduced

over 50 years ago by Fox and Milnor. It is a much-studied and elusive

object which among other things has been a valuable testing ground for

various new topological (and smooth 4-dimensional) invariants. In

this talk I will address the problem of embedding C in a larger group

corresponding to the inclusion of knots in links.

I will report joint work with Wolfhard Hansen, Tomasz Jakubowski, Sebastian Sydor and Karol Szczypkowski on perturbations of semigroups and integral kernels, ones which produce comparable semigroups and integral kernels.

By intersecting a small three-dimensional sphere which surrounds a singular point of a planar curve, with the curve, one obtains a link in three-dimensional space. In my talk I explain a conjectural formula for the  ranks Khovanov-Rozansky homology of the link which interpretsthe ranks in terms of topology of some natural stratification on the moduli space of torsion free sheaves on the curve. In particular I will present  a formula for the ranks of the Khovanov-Rozansky homology of the torus knots which generalizes Jones formula for HOMFLY invariants of the torus knots.  The later formula relates Khovanov-Rozansky homology to the represenation theory of Double Affine Hecke Algebras. The talk presents joint work with Gorsky, Shende and  Rasmussen.

Several stochastic simulation algorithms (SSAs) have been recently

proposed for modelling reaction-diffusion processes in cellular and molecular biology. In this talk, two commonly used SSAs will  be studied. The first SSA is an on-lattice model described by the  reaction-diffusion master equation. The second SSA is an off-lattice model based on the simulation of Brownian motion of individual  molecules and their reactive collisions. The connections between SSAs  and the deterministic models (based on reaction- diffusion PDEs) will  be presented. I will consider chemical reactions both at a surface  and in the bulk. I will show how the "microscopic" parameters should  be chosen to achieve the correct "macroscopic" reaction rate. This  choice is found to depend on which SSA is used. I will also present  multiscale algorithms which use models with a different level of  detail in different parts of the computational domain

In just the last year it has been realized that one can define supersymmetric gauge theories on non-trivial compact curved manifolds, coupled to a background R-symmetry gauge field, and moreover that expectation values of certain BPS operators reduce to finite matrix integrals via a form of localization. I will argue that a general approach to this topic is provided by the gauge/gravity correspondence. In particular, I will present several examples of supersymmetric gauge theories on different 1-parameter deformations of the three-sphere, which have a large N limit, together with their gravity duals (which are solutions to Einstein-Maxwell theory). The Euclidean gravitational partition function precisely matches a large N matrix model evaluation of the field theory partition function, as an exact \emph{function} of the deformation parameter.

 A common way to replace body tissue is via donors, but as the world population is ageing at an unprecedented rate there will be an even smaller supply to demand ratio for replacement parts than currently exists. Tissue engineering is a process in which damaged body tissue is repaired or replaced via the engineering of artificial tissues. We consider one type of this; a two-phase flow through a rotating high-aspect ratio vessel (HARV) bioreactor that contains a porous tissue construct. We extend the work of Cummings and Waters [2007], who considered a solid tissue construct, by considering flow through the porous construct described by a rotating form of Darcy's equations. By simplifying the equations and changing to bipolar variables, we can produce analytic results for the fluid flow through the system for a given construct trajectory. It is possible to calculate the trajectory numerically and couple this with the fluid flow to produce a full description of the flow behaviour. Finally, coupling with the numerical result for the tissue trajectory, we can also analytically calculate the particle paths for the flow which will lead to being able to calculate the spatial and temporal nutrient density.

Rising sea levels are frequently cited as one of the most pressing societal consequences of climate change. In order to understand the present day change in sea level we need to place it in the context of historical changes. The primary source of information on sea level change over the past 100-150 years is tide gauges. However, these tide gauges are a globally sparse set of point measurements located largely at the coast. "Global mean sea level" calculated from these tide gauges is therefore biased and is also more variable than than global mean sea level calculated from the past 19 years of satellite altimtery measurements.

The work presented here explores the use of simple statistical approaches which make use of reanalysis wind stress datasets and heat content reconstructions to model the sea level records. It is shown that these simple models have skill in reproducing variability at decadal time-scales. The results suggest that there are active regions of wind stress and heat content in the ocean which affect regional variability in sea level records that point to the atmospheric and oceanic processes which drive the variability. Acceleration seen in the longest continous sea level record at Brest is shown to be partially attributable to changes in wind stress over the past 140 years.